Thailand Post has cooperated with six commercial banks in launching fundamental real-time banking services, which will be piloted in 1,400 post offices across the country this May.
The six commercial banks are Bank of Ayudhya, Thai Military Bank, CIMB Thai Bank, Tisco Bank, Thaicredit Retail Bank and UOB Bank. The service will commence in the beginning of this May to facilitate bank customers in communities far from branches of these banks.
A minimum fee of 10 baht will be charged for each transaction depending on the amount of money and the fee rate of each bank. A maximum fee is 30 baht per transaction.
Meanwhile, cash withdrawal and transfer services are expected to commence around the end of this year.